You see, if they made a bid for one price and then the price of steel spiked before they could order all the steel the developer needed for a project, they might be on the hook for the difference.
Nearly a year ago, Japanese steelmaker Nippon made a $14.9 billion bid to purchase U.S. Steel. WTAE's Shannon Perrine sat down with David Burritt for an exclusive one-on-one-interview.